Zhu Xian

NDB Signs Loan Agreement for $1000 Million to Provide Support to Aatma Nirbhar Bharat Abhiyan

New Development Bank (NDB) and Indian Government signed a loan agreement for lending $1,000 million for ‘supporting India’s economic recovery from COVID-19’ by supporting expenditures on rural infrastructure related to natural resource management (NRM) and rural employment generation under Government of India’s Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS).